Prefer A Cost Accountant Or Chartered Accountant For Gst Audit?

Rahul Rai
watch_later 3 years, 9 months ago

A chartered accountant and also CWA or cost accountant can do the GST audit. Turnover limit for gst audit is 1 crore.

As a tax payer who should be preferred for doing audit?

Whether one should select a chartered accountant (CA) or a cost accountant (CMA/CWA) for getting his GST audit done?

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1 Answer

anonymous user watch_later 3 years, 9 months ago

I will suggest selecting CA over CWA and my reasons are:

  • You have get your books audited under income tax,
  • You have to get your accounts audited if you are a company or a LLP

Why to waste your time with multiple auditors with same set of doubts when same professional can audit your books under GST and other acts.

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    Yes I agree a CA should be preferred instead of a CWA for GST audit for the reasons you quoted. - Rahul Rai
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